Mortgage and Market Update for March 9th
Economic News: Again this week the market reports trended toward the positive. The highlights for the week are broken down between economic output and the employment sector. Factory Orders were down 1% from last month while the results for the previous two reports were revised higher. The ISM Non-Manufacturing Index was on the strong side and welcomed by the markets. ADP Employment Report numbers predicted an expansion of 216,000 in private payrolls which coincided with today’s jobs data release showing the creation of 227,000 non-farm positions. Weekly Jobless Claims were a touch weaker than expected. The seven week winning streak of declines in the four week moving average also came to a halt. The unemployment rate held steady at 8.3%. All in all a pretty good week for news.....EXCEPT FOR GAS PRICES.
Mortgage Markets: Treasuries and Mortgage Backed Securities have had a pretty calm week. The 10 Year Note has inched up to 2.032% from last week’s 1.983%.
Next Week’s Reports: Tuesday: Retail Sales, FOMC Meeting Announcement Wednesday: Import & Export Prices Thursday: Jobless Claims, Producer Price Index, Philadelphia FED Survey Friday: Consumer Price Index, Industrial Production, Consumer Sentiment
While I do not originate loans I make it a habit to keep abreast of mortgage & market conditions. If you are thinking of purchasing a home the first step is to meet with a mortgage professional. I will gladly provide several top-notch Bay Area advisers for your review if you are in need of a referral.
Doug Anderson’s Tri-Valley Real Estate Views Blogroll for February 2012
Wow...another month of 2012 has cruised by and Daylight Savings Time starts this weekend! Here is a comprehensive listing of real estate news and views for the 680 Corridor during the month of February.
Silver Maple at Blackhawk Real Estate Update for February 1st 2012
Danville’s Woodranch & Cimarron Hills Real Estate Update for 2.1.2012
Danville’s Shadow Creek Real Estate Update for 2.1.2012
Danville’s Bettencourt Ranch Real Estate Update for 2.1.2012
Found your dream home but yours is still listed?
California Shadowhawk in Danville Real Estate Update for February 2nd 2012
January 2012 Blogroll for Doug Anderson’s Tri-Valley Real Estate Views
East Bay Mortgage & Market Update for February 3rd 2012
Alamo CA 94507 Real Estate Market Review 2012 versus 2011 through January
Blackhawk CA 94506 Real Estate Market Review 2012 versus 2011 through January
Danville CA Real Estate Market Review 2012 versus 2011 through January
San Ramon CA Real Estate Market Review 2012 versus 2011 through January
Walnut Creek CA Real Estate Market Review 2012 versus 2011 through January
Alamo CA Real Estate Market Review for January 1st - 31st 2012
Blackhawk CA Real Estate Market Review for January 1st - 31st 2012
With this post I pushed over 300,000...Time for a break!
East Bay Mortgage & Market Update for February 10th 2012
Danville CA Real Estate Market Review for January 1st - 31st 2012
East Bay Mortgage & Market Update for February 17th 2012
San Ramon CA Real Estate Market Review for January 1st - 31st 2012
East Bay Mortgage & Market Update for February 24th 2012
Walnut Creek CA Real Estate Market Review for January 1st - 31st 2012
Alamo Short Sales Snapshot as of February 26th 2012
Blackhawk CA Short Sales Snapshot as of February 26th 2012
Danville Short Sales Snapshot as of February 26th 2012
San Ramon Short Sales Snapshot as of February 26th 2012
Walnut Creek Short Sales Snapshot as of February 26th 2012
Danville CA Foreclosures Report for the month of January 2012
Blackhawk CA Foreclosures Report for the month of January 2012
San Ramon CA Foreclosures Report for the month of January 2012
Alamo CA Foreclosures Report for the month of January 2012
Walnut Creek CA Foreclosures Report for the month of January 2012
Mortgage and Market Update for March 3rd
Economic News: Another week gone and another batch of economic data where most is good and some not so hot. Let’s look at the good news first. The Pending Home Sale Index increased by 2% in January. Weekly Jobless Claims continued their decline and Consumer Sentiment pretty much “blew away” expectations. Gross Domestic Product (GDP) for the 4th quarter was revised higher to 3%. Lastly, the Beige Book (produced two weeks before the Federal Open Market Committee meeting) saw 11 of 12 Fed Regions report increasing economic growth. On the down side we had the Case-Shiller Home Price Index showing a 4% decline in the 20 City Composite. Durable Goods Orders were disappointing and the ISM Manufacturing Index slowed slightly in February.
Mortgage Markets: Treasuries and Mortgage Backed Securities have had a pretty calm week. The 10 Year Note is currently trading at 1.983% which is just a tick higher than last week.
Next Week’s Reports: Monday: Factory Orders, ISM Non-Manufacturing Index Wednesday: ADP Employment Report Thursday: Jobless Claims Friday: Employment Information, International Trade
While I do not originate loans I make it a habit to keep abreast of mortgage & market conditions. If you are thinking of purchasing a home the first step is to meet with a mortgage professional. I will gladly provide several top-notch Bay Area advisers for your review if you are in need of a referral.
The following numbers represent the current Foreclosure Sales inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Walnut Creek, CA 94596,94597,94598 for the month of January 2012. There are 13 homes currently active/pending with a high price of $759,900 and a low price of $349,900. 32 attached homes are active/pending with high price of $600,000 and a low price of $72,400.
Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. Please call for more detailed information about the current Foreclosure/REO market in Walnut Creek.
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo, CA 94507 for the month of January 2012. There are six homes currently in the Active/Pending segment of bank owned homes the high price is $1,799,000 and $600,000 is the low price.
Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. For more detailed information of the current Foreclosure/REO market in Alamo please call.
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Representing buyers and sellers in Danville, Blackhawk, San Ramon, Dublin, Alamo, Diablo, Walnut Creek, Concord, Pleasant Hill & around the East Bay. California Broker License 01165309
With almost two decades of broad based real estate industry experience I have the knowledge to guide you through the current confusing real estate climate. My goal is to gain your trust as an adviser and provide you with the energy, service and integrity necessary to assist you in the process of buying or selling your home. I graduated from the University of Oregon earning degrees in Finance and Management.
I moved to Danville in 1974 and have spent the majority of my life in the area. It has been fascinating watching the East Bay grow up and evolve into various thriving communities. I look forward to raising my family here and witnessing the changes that the next 30 years hold. Cari & I reside in Danville with our two young children.
My goal for sellers: To get the highest price and best terms obtainable in the shortest time possible. You can rely on my organization, marketing, negotiation skills and dedication to guide the transaction to a successful closing. My marketing process will utilize the latest in new media coupled with traditional sales techniques.
My goal for buyers: During the initial consultation we will become acquainted and define your specific needs and desires. We will review the basics: location, neighborhoods, schools, architectural styles, size, amenities, timeline and desired price point. These are classified as your “wants and needs”. I will do my very best to find the perfect home for you, negotiate the best price possible and guide you through the closing process.
My Pledge: As a client you will receive my undivided attention. Everyone is an individual and deserves to be treated as such. It is my job to listen to your goals, create and execute a specific plan that addresses them. In addition, as the Designated Realtor®, you will always be dealing directly with the boss.
My Motto: “Excellence in Representation”
"We owe a special thanks to Doug Anderson of Executive Brokers Real Estate Group in Walnut Creek for his time and help accessing and compiling the MLS Data included in the April issue's Real Estate Report..." Susan Dowdney Safipour, Editor in Chief, Diablo Magazine. Included in the "Editor's Note" section of the May 2011 issue.
Member
East Bay Neighborhood & School Information New Listing Notifier MLS Property Search
Executive Brokers is a full service real estate brokerage assisting buyers and sellers with residential, commercial, investment, bank owned, retirement and rental properties. Centrally located in Contra Costa County our brokers are knowledgeable of the surrounding areas of the Tri-Valley Region.
For more than 30 years, Executive Brokers has stood apart from all other real estate franchises and organizations as the single largest office of independently licensed real estate brokers in Contra Costa County. As an area leader throughout the last three decades, we’ve helped thousands of buyers and sellers navigate the ups and downs of the real estate market.
With an average of more than 20 years experience in Contra Costa County, each of the Brokers in our real estate group offers unparalleled depth of market knowledge: city-by-city, neighborhood-by-neighborhood.
Community Roots: The strength of any organization can be found it its people. Its success is based on the depth of its members' commitment to the profession and connection to the community it serves. As part of the organization and acting as individuals, each of the Executive Brokers is an active participant in our community – as professionals, as residents, as parents and as neighbors.
Doug was a pleasure to work with and sold my house quickly and at a great price! He knows the in's and out's of the business - from marketing to the mortgage side. He's connected and was able to get multiple offers at a great price. Thanks Doug! ~ Marcelo D, CFA
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